On the morning of July 14, 2025, Bitcoin set a new historical high, surpassing the $123,000 mark. At the same time, the market share of this cryptocurrency reached 64.77%. Ethereum also showed growth, breaking the $3,080 level and adding nearly 3% in a day, according to TradingView data.
This is reported by Business • Media
“Disclaimer: This material is not financial advice or a call to action. The analysis presented is the private opinion of its authors. Incrypted is not responsible for the investment decisions of readers.”
Bitcoin Market Analysis: Possibility of Correction and Focus on Altcoins
Experts at Cryptology Key note that the weekly Bitcoin candle closed above the previous high. Currently, the coin is in the $120,000 zone, where it is expected that an accumulation phase may continue. At the same time, this will signal the activation of altcoins, which may show significant growth.
Analysts believe that the market is entering the final stage before a possible correction. In this regard, they advise shifting attention specifically to altcoins during the current and next week. Meanwhile, further price growth for Bitcoin is not anticipated in the near term, and a correction is expected.
Ethereum Situation: Anticipation of Correction and Search for Entry Points
Regarding Ethereum, experts indicate that closing the weekly candle above $2,800 could open opportunities for considering corrections and opening long positions. Levels around $2,678 appear particularly interesting for swing traders. Observations show that Ethereum is demonstrating unpredictable movement on daily charts, and decisions regarding further actions are recommended to be made closer to the end of July.
Specialists also suggest that a price correction for Ethereum could occur very sharply, without clear technical signals. This could be either an impulsive movement or a period of accumulation followed by a sharp jump, especially ahead of the U.S. Federal Reserve meeting.
According to the latest estimates, investors are advised to keep an eye on market updates in weekly reviews and be prepared for high volatility.